SAP for Banking vs. Validis

I think when we have a big company [than] managing the finance is not possible by manual or old data entry. Hence these are the solutions that make the task easier. Small scale requirements can be Managed by other means as banks might be charging the Premium from companies which may be costly for smaller companies.

Incentivized

What I like best about Validis is we can share automatically and easily our real-time reports with minimal clicks to our partners. The data are effective, clear, and actionable to have a complete view f our accounting data for easy analysis and examination. The only negative point could be the price and the client service which is not in French.

Incentivized

• It helps with retrieving and updating information on the server.
• I can easily retrieve information regarding credit for a customer and process information to provide [the] best solution.
• SAP also assists in compliance management.

Incentivized

• Normalizes data sets.
• Building foundational set of audit workpapers.
• Saves auditors time in manual tasks associated with obtaining data.

Incentivized

• migration is very tough and not easy to use tools, more [improvement] required in data migration tools.
• Mobile applications are not user friendly in terms if UI design.
• House banking configurations are complex for any changes and require intense knowledge for implementation.

Incentivized

• To have access all the features, the cost may be high for a small company.
• Client support not in French.

Incentivized

I ll recommend SAP for Banking or other accordingly to the size of the company, if you are part of a global company and you need to have access to the big picture & All your assets then this is the right tool, if you have a small company or Fintech then you can work on an open source App

Incentivized

Validis is far superior for us.

Incentivized

• Harmonization in the data is reducing the reconciliation efforts
• SAP provides a better innovation visibility in the banking solutions space

Incentivized

• Smarter and faster decisions.
• Drive operational efficiency.
• Delivering Hight quality and effective audit reports.
• Auto-calculation of financial ratios.

Incentivized